Tenant Inducements definition

Tenant Inducements means any and all free rent, allowance(s) to Tenant for any Improvements, and any forbearance or waiver in enforcing any of Tenant’s obligations under the Lease.
Tenant Inducements means any allowances, inducements, or rent-free periods;
Tenant Inducements means any and all free rent, allowance(s) to any Tenant for any Improvements, and any forbearance or waiver in enforcing any Tenant’s obligations under its Lease.

Examples of Tenant Inducements in a sentence

  • Wind turbines and associated facilities including foundations, access roads, underground cable and transformers, shall not be placed in public waters wetlands, as defined in Minnesota Statutes section 103G.005, subp.

  • For all purposes under this Lease, upon the occurrence of any default and the lapse of the applicable cure period, if any, any Tenant Inducements shall be amortized over the initial Term of this Lease and any unamortized amounts (or value) thereof will be deemed to be additional rent then immediately due and payable.

  • Purchaser shall have no liability for (and Seller hereby indemnifies and holds harmless Purchaser from and against any claim for) any such leasing commissions and any Tenant Inducements with respect to the Lease.

  • The Institute confirmed that the full completion of the Carriganore Sports complex had to be the focus as opposed to part completion.

  • All unpaid Leasing Commissions, unpaid Tenant Inducements Costs and Security Deposits under the Leases shall be credited to Buyer at the Closing.

  • Except as provided below, all unpaid Leasing Commissions, unpaid Tenant Inducements Costs and Security Deposits under the Leases entered into by Seller on or before August 1, 2010 (other than any letters of credit, which shall be assigned to Buyer) shall be credited to Buyer at the Closing.

  • For all purposes, upon the occurrence of any default and the lapse of the applicable cure period, if any, any Tenant Inducements shall be deemed void as of the date hereof as though such had never been included.

  • For all purposes, upon the occurrence of any default and the lapse of the applicable cure period, if any, any Tenant Inducements shall be deemed void as of the date hereof as though such had never been included, and the aggregate amounts (or value) thereof will be deemed to be additional rent then immediately due.

  • Subject to section 7.3(a)(iii), in the event of damage or destruction as contemplated by this section, the Tenant will at its sole expense, at the request of the Landlord, repair and rebuild that part of the Premises so damaged or destroyed but without the benefit of any Tenant Inducements.

  • If Tenant has exercised its option under this Section 18.12, Landlord will prepare a lease modification agreement to amend this Lease by changing the Basic Rent to reflect the prevailing market rent and market rate, along with the Tenant Inducements.


More Definitions of Tenant Inducements

Tenant Inducements means all benefits expressly afforded to a tenant or subtenant, whether as a tenant improvement allowance, moving expense allowance, lease buy-out or other economic benefit.
Tenant Inducements with respect to any assignment or sublease, shall mean the sum of all tenant inducements (by way of example only, direct payments, work allowances and workletters) paid or incurred to the assignee or the subtenant in connection therewith (and, in the case of any such tenant inducement not paid in cash, shall refer to the dollar value thereof).
Tenant Inducements means costs or obligations in the nature of a tenant inducement, including tenant improvement allowances, tenant improvement commitments (including required landlord capital improvements), moving commitments or allowances, space design commitments or allowances, lease buyout costs and free rent.
Tenant Inducements. Tenant's current lease for 4261 rentable square feet which expires September 30, 2001 would be terminated and a new lease would be prepared on this proposal.
Tenant Inducements means all costs paid or obligations incurred in connection with inducing a tenant to enter into a lease at a Property, including, without limitation, any moving costs, costs in connection with the assumption of a tenants' lease obligations at a location other than the Property and the obligations under such lease, and other payments to or on behalf of a tenant.

Related to Tenant Inducements

  • Tenant Inducement Costs shall not include loss of income resulting from any free rental period, it being agreed that Seller shall bear the loss resulting from any free rental period until the date of Closing and that Purchaser shall bear such loss from and after the date of Closing.

  • Tenant Work All work installed or furnished to the Premises by Tenant in connection with Tenant’s initial occupancy pursuant to Rider 2 and the Workletter.

  • Alterations means all changes, additions, improvements or repairs to, all alterations, reconstructions, renewals, replacements or removals of and all substitutions or replacements for any of the Improvements or Equipment, both interior and exterior, structural and non-structural, and ordinary and extraordinary.

  • Tenant’s Work means all improvements, alterations, fixture, equipment, and signage installation, and furniture placement necessary or appropriate for the conduct of the Permitted Use, including all work described as Tenant’s Work on Exhibit D, attached (the “Work Letter”).

  • Tenant Leases means leases, subleases, licenses or other use agreements between Seller and tenants with respect to Real Property, if any.

  • this Tenant Work Letter means the relevant portion of Sections 1 through 6 of this Tenant Work Letter.

  • demolition work means a method to dismantle, wreck, break, pull down or knock down of a structure or part thereof by way of manual labour, machinery, or the use of explosives;

  • Tenant means a person entitled under a rental agreement to occupy a dwelling unit to the exclusion of others.

  • Tenant Improvements Defined in Exhibit B, if any.

  • Space Leases means any and all leases, subleases, lettings, licenses, concessions, operating agreements, management agreements, and all other agreements affecting the Trust Estate that Trustor has entered into, taken by assignment, taken subject to, or assumed, or has otherwise become bound by, now or in the future, that give any person the right to conduct its business on, or otherwise use, operate or occupy, all or any portion of the Site or Improvements and any leases, agreements or arrangements permitting anyone to enter upon or use any of the Trust Estate to extract or remove natural resources of any kind, together with all amendments, extensions, and renewals of the foregoing entered into in compliance with this Deed of Trust, together with all rental, occupancy, service, maintenance or any other similar agreements pertaining to use or occupation of, or the rendering of services at the Site, the Improvements or any part thereof.

  • Subtenant means any Person entitled to occupy, use, or possess any Premises under a Sublease.

  • Common Areas and Facilities means collectively the Development Common Areas and Facilities and the Residential Common Areas and Facilities and all those parts and such of the facilities of the Development designated as common areas and facilities in any Sub-Deed;

  • Subleased Premises means all that portion of the Leased Premises referred to as airport lot as outlined on the site diagram attached as Schedule "A" to this Sublease; and

  • Demolition works means any physical activity to tear down or break up a structure (or part thereof) or surface, or the like, and includes the loading of demolition waste and the unloading of plant or machinery.

  • Renovation means altering a facility or one or more facility components in any way, including the stripping or removal of RACM from a facility component. Operations in which load-supporting structural members are wrecked or taken out are demolitions.

  • Leasehold Improvements means all buildings, structures, improvements and fixtures located on any Leased Real Property which are owned by any Group Company, regardless of whether title to such buildings, structures, improvements or fixtures are subject to reversion to the landlord or other third party upon the expiration or termination of the Lease for such Leased Real Property.

  • Specialty Alterations means Alterations consisting of kitchens, executive bathrooms, raised computer floors, computer installations, vaults, libraries, internal staircases, dumbwaiters, pneumatic tubes, vertical and horizontal transportation systems, and other Alterations of a similar character.

  • Tenant Lease means any lease entered into by the Borrower, any Loan Party or any Subsidiary with respect to any portion of a Property.

  • Sublessee means any party to whom Lessee grants the right to possess all or any portion of the Premises according to a Sublease.

  • Leased Premises means the Leased Premises as defined in Paragraph 1.

  • Landlord’s Work means the work of constructing the Tenant Improvements.

  • the Premises means the building or part of the building booked and referred to in the contract

  • Lessee means a person who acquires the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessee.

  • Other Leases means, collectively, the Lease Agreements between Landlord, or an Affiliate of Landlord, and Tenant with respect to the properties described on Exhibit B, but excluding any Lease Agreements terminated pursuant to their terms or by mutual agreement of the parties.

  • Tenant Parties means Tenant, any affiliate of Tenant, any permitted subtenant or any other permitted occupant of the Premises, and each of their respective direct or indirect partners, officers, shareholders, directors, members, trustees, beneficiaries, servants, employees, principals, contractors, licensees, agents, invitees or representatives.

  • Master Leases means the PropCo Master Leases and each other Material Master Lease.